High Street chain collapse sweepstake

Martin Phillp · Mon 21 Jan, 2019 12.52

HMV in Croydon is closing already. I thought at first this was to do with the administration, but is a pre-planned closure due to the redevelopment of the site as part of the Whitgift Centre redevelopment into Westfield.

g67bbx · Mon 21 Jan, 2019 18.28

Watch this space with WHSmith.

I don't know why, and couldn't tell you why. But all managers have been asked to attend voice conferences tomorrow due to a company announcement.

I suspect it is either restructuring or some changes at exec level, as these have both been rumoured.

Martin Phillp · Tue 22 Jan, 2019 17.17

DavidTRex wrote: ↑Sun 20 Jan, 2019 17.55 Patisserie Valerie could collapse this week if last-ditch talks fail

Chairman Luke Johnson is trying to extend standstill agreement on bank facilities
https://www.theguardian.com/business/20 ... fail-banks

And since has.

https://news.sky.com/story/patisserie-v ... n-11614744

g67bbx · Wed 23 Jan, 2019 10.37

g67bbx wrote: ↑Mon 21 Jan, 2019 18.28 Watch this space with WHSmith.

I don't know why, and couldn't tell you why. But all managers have been asked to attend voice conferences tomorrow due to a company announcement.

I suspect it is either restructuring or some changes at exec level, as these have both been rumoured.

https://www.ft.com/content/a383444e-1ed ... NnFGO7K67U

Just business as usual!

WillPS · Wed 23 Jan, 2019 13.19

g67bbx wrote: ↑Wed 23 Jan, 2019 10.37
g67bbx wrote: ↑Mon 21 Jan, 2019 18.28 Watch this space with WHSmith.

I don't know why, and couldn't tell you why. But all managers have been asked to attend voice conferences tomorrow due to a company announcement.

I suspect it is either restructuring or some changes at exec level, as these have both been rumoured.
https://www.ft.com/content/a383444e-1ed ... NnFGO7K67U

Just business as usual!

Paywall. Could you copy and paste the relevant bit?

WillPS · Wed 23 Jan, 2019 13.32

'Knight & Lee', a branch of the John Lewis Partnership in Southsea is to close this year, the first department store closure in 13 years.

https://www.bbc.co.uk/news/business-46970877

Martin Phillp · Wed 23 Jan, 2019 16.00

71 Patisserie Valerie stores including department store and motorway service station concessions have closed. The bakery in Spitalfields, London has also closed.

KPMG have kept 122 stores open.

https://www.mirror.co.uk/money/patisser ... t-13897639

WillPS · Wed 23 Jan, 2019 16.25

Martin Phillp wrote: ↑Wed 23 Jan, 2019 16.00 71 Patisserie Valerie stores including department store and motorway service station concessions have closed. The bakery in Spitalfields, London has also closed.

KPMG have kept 122 stores open.

https://www.mirror.co.uk/money/patisser ... t-13897639

What on earth were they doing in motorway service areas anyway? Who stops at a service area for expensive afternoon tea?

Alexia · Wed 23 Jan, 2019 19.11

Who stops for Cotton Traders' clothing?

g67bbx · Wed 23 Jan, 2019 19.43

WillPS wrote: ↑Wed 23 Jan, 2019 13.19
g67bbx wrote: ↑Wed 23 Jan, 2019 10.37
g67bbx wrote: ↑Mon 21 Jan, 2019 18.28 Watch this space with WHSmith.

I don't know why, and couldn't tell you why. But all managers have been asked to attend voice conferences tomorrow due to a company announcement.

I suspect it is either restructuring or some changes at exec level, as these have both been rumoured.
https://www.ft.com/content/a383444e-1ed ... NnFGO7K67U

Just business as usual!
Paywall. Could you copy and paste the relevant bit?

For some reason it let me see it the first time, and wont now?

Any basically the same story as usual for Christmas. Travel up and High Street down.

g67bbx · Wed 23 Jan, 2019 19.45

WillPS wrote: ↑Wed 23 Jan, 2019 13.32 'Knight & Lee', a branch of the John Lewis Partnership in Southsea is to close this year, the first department store closure in 13 years.

https://www.bbc.co.uk/news/business-46970877

Which will put the nail in the coffin for Southsea shopping.

All the shops now are the same as the ones under a mile away in the City Centre.